New apartments open at former downtown office building

The Reserve opens at 4th and Race streets

UPDATED 7:15 PM EST Nov 08, 2012

CINCINNATI -

City officials cut the ribbon Thursday morning on some new downtown apartments.

The Reserve @ 4th and Race is located at a former office building built in 1927, with 15 stories and 21 floor plans, including oversize windows, high ceilings, granite countertops and stadium and river views.

Already, 81 of the building's 88 units have been rented, with monthly rates starting at $925.

"It adds to the vibrancy of downtown," said Mayor Mark Mallory. "It adds to what's going on at The Banks, it adds to what's going on at Fountain Square. It adds to what's going on in Over-the-Rhine, and it's great to see it."

The building holds 33 one-bedroom apartments and 55 two-bedroom units and has a rooftop garden.

"We've had a lot of friends and family who have said, 'Oh my God, you're living downtown; what's it like,' and we say we love it," said resident Roz Florez.

The apartments were developed by Ashley Construction and Arcadia Communities.